FINANCIAL STATEMENTS(translation)

Balance Sheet

（unit:million yen）

					Mar.31,2010
Assets
	Cash and Due from Banks				¥148,160
		Cash			0
		Due from Banks			148,159
	Securities				146,503
		Japanese Government Bonds			146,174
		Japanese Stocks			1
		Other Securities			328
	Loans and Bills Discounted				43,864
		Loans on Deeds			43,864
	Other Assets				3,678
		Prepaid Expenses			123
		Accrued Income			2,459
		Other			1,095
	Tangible Fixed Assets				562
		Buildings			357
		Other Tangible Fixed Assets			205
	Intangible Fixed Assets				18
		Software			6
		Other Intangible Fixed Assets			11
	Deferred Tax Assets				227
	Allowance for Doubtful Accounts				(0)
	Total Assets				¥343,015
Liabilities
	Deposits				¥23,954
		Current Deposits			17,370
		Ordinary Deposits			2
		Other Deposits			6,582
	Due to Trust Accounts				281,003
	Other Liabilities				18,859
		Accrued Income Taxes			485
		Accrued Expenses			3,447
		Accounts Payable			13,935
		Other			990
	Provision for Bonuses				59
	Provision for Retirement Benefits				31
	Provision for Directors' Retirement Benefits				22
	Total Liabilities				¥323,930
Net Assets
	Shareholders' Equity				¥19,080
		Capital Stock			10,000
		Retained Earnings			9,080
			Other Retained Earnings		9,080
				Retained Earnings Brought Forward	9,080
	Valuation and Translation Adjustments				3
		Valuation Difference on Available-for-Sale Securities			3
	Total Net Assets				¥19,084
	Total Liabilities and Net Assets				¥343,015

（unit:million yen）

			Year Ended Mar.31,2010
Ordinary Income			¥22,204
	Trust Fees		18,375
	Interest Income		770
		Interest on Loans and Discounts	91
		Interest and Dividends on Securities	491
		Interest on Call Loans	23
		Interest on Receivables under Securities Borrowing Transactions	57
		Interest on Due from Banks	107
	Fees and Commissions		2,956
		Fees and Commissions on Domestic and Foreign Exchanges	156
		Other Fees and Commissions	2,799
	Other Income		102
		Other	102
Ordinary Expenses			20,536
	Interest Expenses		218
		Interest on Deposits	0
		Interest on Call Money	1
		Interest on Borrowed Money	0
		Other Interest Expenses	217
	Fees and Commissions Payments		751
		Fees and Commissions on Domestic and Foreign Exchanges	49
		Other Fees and Commissions	702
	Other Ordinary Expenses		18
		Loss on Foreign Exchange Transactions	18
	General and Administrative Expenses		19,542
	Other Expenses		5
		Provision of Allowance for Doubtful Accounts	0
		Other	5
Ordinary Profit			1,668
Extraordinary Loss			2
	Loss on Dispositions of Noncurrent Assets		2
Income before Income Taxes			1,665
Income Taxes-Current			772
Income Taxes-Deferred			(86)
Total Income Taxes			685
Net Income			¥980

Note

These translations are literal translations of the financial statements that were prepared in accordance with the Companies Act in Japan and were prepared solely for reference purposes.
Amounts of less than one million yen are rounded down.